Whilst larger business usually have substantial EPL Insurance coverage in place, it is smaller or new businesses that are often the most vulnerable to employment claims. This is due to the larger businesses being well-equipped to deal a wide range of lawsuits, whilst smaller businesses typically lack a legal department or employee handbook that details policies and procedures that guide hiring, disciplining or terminating employee contracts.

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What our clients say

...Protean really understand the insurance needs of small growth businesses in the tech space and they were very quick and responsive sourcing cover for us at a competitive rate.

Finding the right insurance when you operate in a very niche market is difficult. Protean owned the whole process – making it easy and finding us a product that was far better than we anticipated. Their help and guidance was second to none

As a business newly authorised by the FCA, we have very specific PI requirements and also want to ensure the premium costs are competitive. Protean took time to understand our requirements and provide us with an efficient and responsive service. We can happily recommend their services.

We have used Protean as broker for our PI insurance since we set up our business. They have always been responsive and are both experienced and knowledgeable about the requirements of Financial Services firms and the risks we face

When starting a new business from scratch you meet a lot of new people and can be pleasantly surprised. This has been the case with Protean Risk, who I had not dealt with previously, but were introduced to whilst gaining FCA approval for our investment management firm. They have proved to be efficient and effective in obtaining competitive PI terms for us from the start and during our subsequent rapid growth.

Protean Risk was incredibly helpful and understood our business immediately. Most importantly they got us a deal we were very happy with in a really short space of time. In summary Great people to work with!

Having used Protean to arrange insurance covers for our European and US operations, we have found the Protean team to be very helpful and professional. We are very happy that we can rely on their knowledge and expertise in the insurance market and I am sure they will be a partner we can trust to support our global growth.

Protean Risk were incredibly helpful when it came to meeting our insurance requirements; mostly down to their breadth of knowledge in their niche sector of insurance and their exemplary service levels. This allowed us to acquire a bespoke insurance package covering relevant insurances at competitive premium levels.

Protean helped us make a substantial saving on the insurance renewal terms put forward by our existing broker, offering like for like coverage. At the outset the team at Protean took the time to understand our business and ensure it was accurately represented to insurers. Protean’s use of an open-market strategy which is not restricted to a scheme has given us choice and delivered a very good result. We would certainly recommend them.

Protean helped us make a substantial saving on the insurance renewal terms put forward by our existing broker, offering like for like coverage. At the outset the team at Protean took the time to understand our business and ensure it was accurately represented to insurers. Protean’s use of an open-market strategy which is not restricted to a scheme has given us choice and delivered a very good result. We would certainly recommend them.